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- Richard D. McCarthy (29th District, New York) said that
the riots, the tax message, and the war in Vietnam all indicated to him
that Democrats are in for trouble next year.
He said the people are
focusing on the war; that some new initiative is needed
- hope that the measures would be considered separately.
The need to do something more for the cities was raised. It was pointed
out that some administration spokesmen were talking of a vast new federal
effort. Others in the administration are talking
-
Meeting began: 2:52 p. m.
Meeting ended: 3:55 p. m. ~ . ~
1
NOTES OF THE PRESIDENT'S MEETING
WITH HIS FISCAL ADVISERS
March 20, 1968
THE PRESIDENT: The new program in Vieblam will cost $8. 6
billion. I want to hear your views before I make a decision
-
how to handle tomorrow's Paris meeting. We either must speed up
delegation or slow down talks. There was nothing new on the first day.
We must not get too itchy to move on to new steps. We may want to
repeat a few lines on Laos and Cambodia. I am
- .
I know you are also concerned about prices and the state of the economy
and the state of our nationo We have with us today the new Secretary
of Defense, Mr. Clark Clifford, and I will ask Gardner Ackley, Chair
man of the Council of Economic
- what we can in no~-defense expenditures. I
have tried to minimize my request in new programs. But there are
some that we think are worthwhile. You know about the problems of
cities. We need rent supplements and the teacher corps.
II
I
.j
- they build that new schoolhouse or hospital. Or
it may mean they will forego these essentials because money costs
too much.
3.
Homebuilding:
As I told the Horne Loan Bank Board Executives on October 6, the
drastic slump in housing brought on by last year's
- · problem. We need a new look. The effects of
Vietnam are hurtilg the budget and foreign relations generally. !r
The President said, "Bill, everybody doesn't have a blind spot like
you do. You say don't bomb North Vietnam on just about everythin~.
I don't
- think they are the best we can find.
My staff has been going into the cities.
on the conditions in the cities.
Most are new proposals.
They have been reporting to me
I do not see why we should spend all our time fighting each other. When I
was Senate
- second was 147. 4 billion.
added 50 billion or 35%. The new budget concept is 118. 7
We've
The Senate passed the $6 billion. If they knew where it was coming
from, they would not have passed it.
Eighty of one hundred would say if you have a choice